Topic: [ANN][PreSale]Block Bank - bespoke commercial banking - page 2. (Read 3372 times)

Awesome update on progress in Kenya. Love the pictures of the offices BlockBank have acquired there! Three entire floors is a great achievement for the young but ambitious team! Congrats and regards!

Seems like I'm the only believer here Anyway, I have an idea and will definitely share with Adam. As far as you've already got a number of loan requests (Congrats by the way) I'd suggest you to implement an AI based analysis tool to ensure choosing of the most trusted and profitable loan deal.

Guys, Adam has recently mentioned the team's trip to Nairobi. Is it related to legitimacy and local representing? Looking forward for the next update and have a feeling of something great coming soon ))

Hey guess, haven't checked the updates a while and found out that you've launched your exchanger. Can I read about this somewhere in more details? Thanks in advance.

The very idea of the project looks very useful and I think that it will interest many users, especially those who are just starting to trade

Great project , I cannot wait to see this Block Bank listed on Cryptomarket Cap surely this will go to the moon at less 500$ per token!!

Great progress guys. How is your software training going with? I'm extremely excited about your own exchange service. Launching this during ICO is definitely smth new in this space and obviously such service is a mandatory for such a huge financial entity as Block Bank is.

Morning guys we are on way to London today for meetings Exchanges we are working with Blockex, Worldex, Yobit, Etherdelta. We are speaking with other exchanges and will announce them this week. Here is the file to set up your wallet on the exchange i will be posting a video explainer to run through this document. Thanks for your support guys.

Afternoon Guys,

We have had a hectic week, we had been in Ukraine all week reviewing and testing our system ahead of Beta launch today.

Membership area
The dev team finalised our system upgrade allowing more users to register and improve our debit and credit card payment facility. Users are now able to purchase tokens via the membership area with Crypto and fiat, upload Kyc, and withdraw their tokens to their own wallets.
 You can login and check the system here https://theblock-bank.com/login

BlockBank Exchange
Our Alpha version of the exchange is now live this is the first version of the exchange
www.theblockbankexchange.com.
The Block bank exchange is decentralized meaning it is p2p/ b2b.
Users and businesses will utilize this exchange to settle fees for loans directly with each other.
This evening the functional version will be uploaded.
On Sunday we will be posting video and documentation as to how to place orders from the 28th of July.
Please check the following link www.theblockbankexchange.com.
Just as a reminder guys Beta version will be updated this evening.

Block Bank Commercial Lending
The Alpha version of the Block bank commercial lending platform has been uploaded.
Whilst in Ukraine we added additional portals to the system to collect the following data.

Authority to proceed 
Terms of business 
Proposal/ Business plan
3 years accounts
Certificate of incorporation
Share certificate
Directorship Certificate
12 months bank statements
YTD management account
The above information is needed along with the fact find for user applications.
The system will be testable for users on the 13th of July.
Users will be able to submit applications for commercial loans, these applications and business will drive demand for your tokens.  Increased demand means improved value for your tokens
 Between now and the 13th additional tests will be conducted before the fully functional system goes online on the 29th in line with the exchange from.
The above information is needed along with the fact find for user applications.
Please check out the Website site we would appreciate feedback.
www.bbcl.io/

ICO
Okay so I know this is the main topic which a lot of you are seeking clarity with
From today June 29th ICO our is now live tokens are priced at 3 Usd equivalent.
Users who have supported us from the beginning will understand how far we have come
From today June 29th once the upload is complete users via the exchange users will be able to register their wallets.
 From the 28th of July Users will be able to place orders on the exchange ahead of the token being tradable on the 29th of July.
From the 29th of July tokens will be tradable on our exchange.
Additional exchanges will be announced in the coming days.
Over the next two weeks we will begin marketing with key press releases related to development of our project these will include
•  Partnerships
•  Funding
•  Key dates in development
•  Secondary market functions/ participants
These four areas will add value and drive demand for our tokens.
Guys if you have any further questions please ask in the group or give me a direct message
Thanks again for all your support and keep an eye out on Sunday for videos on how to register
Kind Regards. Adam

hello Team, in which market BBRT token will be marketed ....... ?

Experienced team, reliable advisor, stable roadmap, promising project, I will monitor the development of the project, should invest not miss the opportunity to invest in a good project.

It appears they will be listing it on Blockex first and also on their own dedicated exchange

I've read the latest update and it's really very encouraging. Does your meeting in NY mean that you can reach US market over time and to expand your business? Also what will be the first exchange mentioned for the June 29th? Thanks.

Congrats on your latest achievement! Nice advisory board expansion, pleased to see new back office. Fantastic update on Uganda license accept ion! Nice work guys, happy to be part of this)))

as I understand there is something very similar project Suretly, they are your competitors? I also did not understand how the money will be repaid, or if the person does not want to return the loan.

any exchange on etherdelta or somewhere ?

As for me, the key feature that makes Block Bank the most trusted financial project is targeted market. Most of the projects offer lending services to doubtful parties while Block Bank aims to meet requirements of SME, governments and other legal institutions in easy accessible cheap funding thus negating an issue of entrusted lenders and thus loses investors frequently face. Think will reach $3-5 by the end of the year.

Was a little busy last month and I've got really impressed after I looked through all your updates! New great professionals at advisory board, prominent blockchain events and development - everything is under control and ongoing))

Hi, everybody!

Block Bank is now listed on ICOinRating.

You can support Block Bank through voting for it - http://icoinrating.com/blockbank/.

Block Bank Community update



Hello everyone, I wanted to post this on Monday night but our flight was delayed which meant we did not arrive until Tuesday lunch time in Bahrain,  we eneded up have to stay in transit for 11 hours which was not the ideal way to prepare for today, however we have a great afternoon and evening here at the conference and the event this evening held at the 21 Gallery.

This evening we met at a dinner exclusively for the keynote speakers and sponsors of the GCC Financial Forum which was organised by the EDB and Euromoney Instituition based in london. Amongst the key note speakers which included Lord Mervyn King, and Dr  Mohamed Aly El-Erian  there were senior  figures from the Bahrain Central Bank and the Bahrain Financial  Ministry Office, and senior bankers and financial innovators. We spoke about how we will be moving our license application forward and what we will be able to offer the region as a next gen commercial funding platform, and how Bahrain can support our project.

The Significance of Bahrain to block bank.

Bahrain has a strong history and reputation as a key financial centre in the Gulf. The country itself is going through a  transition which is being driven by Fintech Innovation. As some of you may know we were invited to the Capital Club here in November by our advisor Angela Morrison. That was where we met with David Parker The Executive Director of Financial Services Development on the EDB. David and his team have invited us to join the EDB and incubate the Banking entity we will be registering in Bahrain. 

What does this mean?

Well this truly is a great opportunity for us as we have been invited to a EDB accelerator program overseen by C5 Accelerate (http://www.c5accelerate.com/.) C5 Accelerate is a London, Washington D.C., and Bahrain based technology investment firm. Its mission is to accelerate best-of-breed start-ups to meet the growth opportunity being created by the geographic expansion of AWS, the world’s leading cloud computing platform.The support on offer with C5 will be increbily valuable to our projects development and help secure a solid foundation on which to build in this region.

How will this benefit Block Bank and our community?

The approach from the regulators and the EDB mean that Block Bank will get a direct line of contact with the central bank of Bahrain as well as infrastructure support, business development expertise, office space and  a place in the Bahrain Fintech Sand box.

I have spoke before about how we anticipate growth in the Gulf region which is being supported by programs and regulatory changes.  This kind of growth is what will create funding opportunities for BlockBank and its users.

Tomorrow we are attending the second leg of the conference and in the evening  have been invited to the fintech innovation launch event. We will also be speaking directly with the Governor of the Central Bank and the Finance Minister of Bahrain about how best to structure our third banking license application.

I will provide another update tomorrow evening as to how we are progressing on this trip.

Thanks again for all your support and get in touch if you have any questions.

http://telegra.ph/Block-Bank-Community-update-03-13